Automakers versus utilities: Who deserves the carbon credits?
Who is investing more, utilities or automakers?Toyota wants the credit.
Since automakers are footing the bill to develop plug-in vehicles, Toyota believes that "potentially valuable emissions credits that California plans to give to utilities for supporting rechargeable cars should go to automakers instead."
The utilities have responded, "in state filings that clean-fuel credits will help them pay for projects needed to service a growing electric-vehicle fleet and prevent increases in customer bills."
Labels: carbon tax
posted by Dahcredyns at
3:21 PM
11 Comments:
Personally, I believe the utilities support alternative energy mostly to meet gov't requirements.
I have a hard time believing the utilities "want" you to use less energy, and pay them less money each month.
That being said....
My vote is for giving the credits to the auto industry to help fund development of more EV's....
this sickens me.have you seen the giant emmision plants that power companies are building next to the power plants?no didnt think so where do you live?definetly not in the midwest where most electricity is generated by coal.we are going to pay big time for these credits.no matter who gets them.in a free market whoever builds a product or supplies a service is allowed to make a profit.the dollar is on its way to the bottom and after this any businesses that can move out of the UNITED STATES
will.no jobs no dollar.
I do not support Cap and Trade or the creation of carbon credits for the following reasons.
1. Cap and Trade does not create wealth or help the American people. In fact it robs the people of needed funds by increasing the cost of energy or a product at a time when we should be doing exactly the opposite.
2. Cap and Trade does nothing to create a larger workforce who pay taxes but does exactly the opposite by removing needed capital from the private investment sector.
3. Cap and Trade is not a product; you can't eat it, the public can't save it, you can't drive it or plant it in the ground and watch it grow.
If we feel we must do something then I recommend we apply selective Carbon Taxes where needed to obtain strategic objectives.
That's my opinion - what's yours.
Tom G.
Even Howard Dean has expressed reservations on cap and trade in favor of the simplicity of a carbon tax.
Apparently, transparency isn't a Congressional policy.
I live in Arizona.
Our power comes from a mixture of Nuclear, Hydro and Coal.
To deal with peak power issues, our utilities are not developing alternative power methods, they are building 3 new Natrual Gas power plants.
Arizona, with all it's sun and wind, does not have much energy generated by either. The few solar panels we have are residential systems. We have one wind farm, a small one, in Northern Arizona.
You have to remember, Arizona is still a "Red" state, run by Republicans who have an extreme dislike for alternative energy.
smurf-
i'm not sure that any state is really in a bragging position. i know california is far ahead, but when you consider our size, pollution and the state of our grid, you'd expect a lot more.
maybe if the offered an extra nice rate for any energy sold back to the grid, you'd see more individual action.
in a dirty, strained-grid los angeles, it seems like a no-brainer.
At least CA has a few politicians in favor of alternative energy.
We have the two John's.....McCain and Kyl.
McCain screamed "drill baby drill" during the campaign.
Kyl is now the Republican Whip and Number 2 ranking Republican in the Senate. By job description, he is against anything Obama is for...
Smurf said..[in part] You have to remember, Arizona is still a "Red" state, run by Republicans who have an extreme dislike for alternative energy.
OH NO - it just dawned on me that I might be a closet Democrat living in a Republican state.
Hold it a minute, I'll be right back; have to go turn off my TV I was watching the Fox News channel LOL
Solar is coming to our state but it is ssssooooo slow. Hopefully we both live long enough to see things change.
Tom G.
Good one Tom. :-)
AZ is slowly becoming more Democratic as the Phoenix Metro area continues to grow.
Maybe we can push them along a little more quickly....
Smurf: My Google automatic search engine for 'solar energy' just provided this link tonight.
I was not aware we had this much solar installed or planned for Arizona. Of course 1.1 MW is not going to win us any prizes, ha ha
I knew First Solar had several thousand KW installed but thought they were sending most of their product out of the country.
Keep the faith my fellow zonie.
http://www.prweb.com/releases/2009/10/prweb3042974.htm
Tom G.
I'm a bit fearful of cap & trade in terms of a backlash.
what cap & trade is though is basically a rule about how much pollution you can generate.
For instance, we have essentially capped without any trading - kepone, dioxin, PDBs, etc and we are using cap & trade for acid rain, mercury (in appropriately) and nutrients.
Look up TMDLs to see how it works for rivers and water bodies.
so it's not a radical concept but done at the electricity level in the middle of a recession is bad karma.
that's why I have been saying that anything along those lines has to offer people a realistic possibility to adapt with a revenue neutral ability.
The best way to kill the ultimate intended goals of cap and trade is to try to shove it down the throats of people who are genuinely weirded out by the prospect of much more expensive electricity.
I don't think we can go faster than the technology will support and if you do it wrong and there is a backlash - you set back efforts to move forward by years.
and let's be perfectly honest, no matter which side of the political spectrum you come from - if Republicans get back in .. take back the house - or later on the Senate or the Presidency you can kiss goodby cap & trade IMHO.
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